402/1 Sandy Bay RoadHobart TAS 7000
Property Details for 402/1 Sandy Bay Rd, Hobart
402/1 Sandy Bay Rd, Hobart is a 1 bedroom, 1 bathroom Unit and was built in 1928. The property has a land size of 68m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Last Listing description (November 2015)
This fully furnished apartment boasts amazing potential for any investor with an eye for a great deal!
With HIGH investment returns in the comforting hands of one of the Australia's largest accommodation chains, Mantra apartments are well known throughout Australia for their high level of quality in design, furnishings and amenities.
If you're in a position to purchase an investment with great returns that can also be used for yourself when you wish, this apartment should be a priority to inspect.
Located opposite St David s Park and just minutes walk from bustling Salamanca Place and the CBD, this one bedroom executive apartment offers comfort, convenience and investment success.
Full financial reporting for the last 3 years available on request.
To discuss how this can work for you, please contact Sam Monks for further information or to inspect this property.
- Fully furnished and managed
- Tax shelter from depreciation & Capital
- Opportunity to convert into a residence
- Proximity to CBD and Salamanca
- Art Deco architecture
Property History for 402/1 Sandy Bay Rd, Hobart, TAS 7000
- 10 Mar 2015Sold for $300,000
- 28 Jan 2015Listed for Sale Buyers looking in the $295,000+ price range
- 18 Jun 2007Sold for $260,000
Recent sales nearby
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0About Hobart 7000
The size of Hobart is approximately 2.1 square kilometres. It has 10 parks covering nearly 4.8% of total area. The population of Hobart in 2016 was 2296 people. By 2021 the population was 3390 showing a population growth of 47.6% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation.In 2021, 27.40% of the homes in Hobart were owner-occupied compared with 26.40% in 2016.
Hobart has 3,066 properties. Over the last 5 years, Houses in Hobart have seen a 10.69% increase in median value, while Units have seen a 8.33% increase. As at 30 November 2025:
- The median value for Houses in Hobart is $990,740 while the median value for Units is $806,999.
- Houses have a median rent of $620 while Units have a median rent of $630.
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